The cryptocurrency world is once again ignited by Dogecoin (DOGE)! Two top chart analysts—Bluntz (Bluntz_Capital) and TSG (tsg0x) released a heavyweight research report on platform X, unanimously determining that the surge of Dogecoin is not a brief celebration, but a long-planned super bull market!
Bluntz's Binance 12-hour chart reveals an almost perfect 'inverse head and shoulders' pattern—this classic bullish structure often indicates that asset prices are set to experience explosive growth!
The 'left shoulder' formed in mid-March at $0.142, the 'head' bottomed out at $0.129 in early April, and the 'right shoulder' was completed at $0.164 in early May.
Over the past two months, the descending trend line at $0.20 has been suppressing the price of Dogecoin, but last week, this key resistance was forcefully broken through by the largest 12-hour trading volume cluster since February 2025! This is not a false breakout, but a mad buying spree of real money!
Subsequently, the DOGE price surged to $0.2597, briefly pulled back to $0.217, and the bulls are ready to take off again! The RSI (Relative Strength Index) has fallen from the overbought area to around 60, indicating that the market has readjusted, and a new round of upward movement is about to start!
According to the measurement rules of the inverse head and shoulders pattern (with a neck depth to the head of about 8 cents), the initial target range is between $0.26 and $0.28, while Bluntz's hand-drawn arrow points directly above $0.30!
But another analyst, TSG, is even more aggressive! He has discovered a bullish flag on the 4-hour chart and predicts that once it breaks $0.26, DOGE will rush to $0.32928!
This is not a guess, but a perfect resonance of time and shape!
TSG emphasizes that if the flag breakout fails, $0.20 will be a key defense level, while the demand area between $0.16 and $0.21, along with the ascending trend line, will provide strong support.
Currently, the price of Dogecoin is fluctuating around $0.228, testing a breakout line from a descending channel that has dominated the market since last December. The midline support at $0.20 further emphasizes the importance of this level—if it holds, a surge will continue!
Come together here, everyone!
